5753 8th Avenue

Los Angeles, CA 90043

$1,199,000
Price
10
Beds
6
Baths
3,600 Sq. Ft.
$333 / Sq. Ft.
3,600
Sq. Ft.
$333
per Sq. Ft.

Description

Great newer construction duplex built in 2016. Each unit is approximately 1800 sf with 5 bedrooms and 3 baths and 2 car garages. Property comes with central air & heat, interior laundry, upgraded kitchen cabinets and countertops. Separate gas and electric meters. Tenants pay all utilities except Water/Sewer. Great location near shopping, transportation, airports, sporting events and freeways. This duplex could make a great addition to your investment portfolio with huge upside on current rents.Great newer construction duplex built in 2016. Each unit is approximately 1800 sf with 5 bedrooms and 3 baths and 2 car garages. Property comes with central air & heat, interior laundry, upgraded kitchen cabinets and countertops. Separate gas and electric meters. Tenants pay all utilities except Water/Sewer. Great location near shopping, transportation, airports, sporting events and freeways. This duplex could make a great addition to your investment portfolio with huge upside on current rents.
  1. Listed by Steven Patton • DRE #01263345 • Brokerage DRE #01926399 • HCM Real Estate • 949-351-9750

Property Details for 5753 8th Avenue

View
None
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3600
LISTING UPDATED: 10/09/2024 07:58 AM

Property Details for 5753 8th Avenue

StatusActive
MLS #OC24195557
Days on Market48
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2016
Lot Size0.14 AC / 5,988 SF
CountyLos Angeles County

Building Information for 5753 8th Avenue

Stories2Residences-Year Built2016Building Size-Lot Size0.14 AC / 5,988 SF

Property Information for 5753 8th Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $71,136
  • Gross Scheduled Income: $71,136
  • Gross Operating Income: $71,136
  • Net Operating Income: $41,762
Expense Details
  • Operating Expense: $29,374
  • New Taxes Expense: $9,866
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,560
  • Maintenance Expense: $8,532
  • Trash Expense: $4,710
  • Water Sewer Expense: $4,710
  • Total Expenses: $29,374
Tax / Assessment Info
  • Tax Tract Number: 940
  • Tax Census Tract: 2346.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 51
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify, Unknown
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Wrought Iron
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,912
  • Unit Type Total Rent: $2,912
  • Unit Type Pro Forma: 4968
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,016
  • Unit Type Total Rent: $3,016
  • Unit Type Pro Forma: 4968
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 0

Property History for 5753 8th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5753 8th Avenue

Taxable ValueLand$455,130Additions$340,207Total$795,337
Tax Record2024$10,051 ($838 / month)
Home Facts
Total Finished SqFt3,509 SqFtAbove Grade Finished SqFt3,509 SqFtLot Size5,941 SqFtStyleDuplexYear Built2016ZoningLAR3CountyLOS ANGELESAPN5006-016-028

Schools near 5753 8th Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 6
Charter - 6 to 12
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Crete Academy
CharterK to 6

Alliance Ouchi-O'donovan 6-12 Complex
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5753 8th Avenue is a multi-family home for sale in Los Angeles, CA 90043. This property was listed for sale on September 19, 2024 by HCM Real Estate, it's currently listed at $1,199,000. It has been on the market for a total of 48 days and was last sold on January 6, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Crete Academy, Alliance Ouchi-O'donovan 6-12 Complex and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet. 5753 8th Avenue is a 10-bed, 6-bath, 3,600 sqft multi-family home built in 2016.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HCM Real Estate, Steven Patton, DRE #01263345

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.